Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $362,117 in October, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 20, the
sits at 6.26%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Dalton metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.
Stacker
#8. Cisco, GA
- Typical home value: $189,263
- 1-year price change: -7.1%
- 5-year price change: data not available
Stacker
#7. Crandall, GA
- Typical home value: $214,454
- 1-year price change: -3.5%
- 5-year price change: +36.0%
Stacker
#6. Dalton, GA
- Typical home value: $236,569
- 1-year price change: +3.3%
- 5-year price change: +52.2%
Stacker
#5. Chatsworth, GA
- Typical home value: $240,309
- 1-year price change: -1.1%
- 5-year price change: +43.7%
Stacker
#4. Tunnel Hill, GA
- Typical home value: $242,187
- 1-year price change: +0.9%
- 5-year price change: +48.5%
Stacker
#3. Varnell, GA
- Typical home value: $260,926
- 1-year price change: +4.2%
- 5-year price change: +53.3%
Stacker
#2. Cohutta, GA
- Typical home value: $270,671
- 1-year price change: +3.0%
- 5-year price change: +52.6%
Stacker
#1. Rocky Face, GA
- Typical home value: $283,892
- 1-year price change: +2.5%
- 5-year price change: +44.8%
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